Glenmore Group Ltd

Glenmore Group Ltd, based in Grangemouth, UK, is a small, active company founded four years ago. With five employees and £257,175 in assets, it operates from a virtual address, a detail flagged by the presence of 153 other companies registered at the same location. The company is led by four directors and has one owner, Paterson Roy. Glenmore Group Ltd is a regular importer, specializing in live trees, plants, bulbs, roots, and flowers, with 8 months of import activity recorded, the last in September 2023.

Beyond its import business, Glenmore Group Ltd is a major force in the UK property sector, specializing in industrial development and PurposeBuilt Student Accommodation (PBSA). Founded in 1994, the company designs and develops high-quality industrial estates and offers student accommodation, emphasizing quality, integrity, and innovation. Its website highlights expertise in land procurement and boasts a wide-ranging footprint across the UK. The company even has a showroom in Harrods, London.

Financially, Glenmore Group Ltd presents a mixed picture. While current assets increased by 64% to £260,000, net assets decreased by 51% to -£340,000. Bank borrowings surged by 400% to £14,000, and cash reserves remained steady at £100,000. Creditors also increased significantly, ballooning by 400% to £350,000. The company’s small size—meeting two of three criteria for a small company—helps it stay agile. The lack of an auditor is typical for a company of this size, and the figures are unaudited. The sharp decline in equity, however, suggests a need for careful financial management. The company’s focus on both import and property development creates a diversified business model, but the financial data reveals a company working to balance its commitments.

Registered in Scotland under the registration number SC689637, with a registered address at FK3 8WX, Scotland, Grangemouth, Unit 5 Gateway Business Park, Beancross Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.